$700,000 Investment Acquisition in Oakland, CA
Borrower had the opportunity to purchase this Single Family Residential property and to keep it as an investment acquisition. Borrower plans to use property as a rental and the loan term allows borrower time to refinance as an exit strategy.
As an asset based lender, Rubicon does not require appraisals or credit checks and works with borrowers to find a creative solution to their lending needs.
Loan Term: 12 Month Term
Loan Position: First Deed of Trust
Loan To Value: Under 65%